transaction and savings
Earn from 4.50% interest per year with our transaction/savings account.
The transaction and savings account is your main account (R25 minimum balance; R5 monthly admin fee) that gives you affordable banking and up to 4 free flexible, fixed or tax-free savings plans.
Some of the benefits of using our main savings account:
- Access to Mastercard® Priceless® Cities worldwide
- Earn from 4.50% interest per year on daily balances
- Easy transactions at lower, transparent bank costs
- Manage your savings plans and your money using our app, cellphone *120*3279#, the Internet and your Global One card
- Fix your money in any of the 4 free savings plans and earn up to 8.35% interest
Main savings account interest rates
All interest rates quoted are nominal annual compounded monthly (NACM) rates.
|Amount (R)||R0 - R9 999||R10 000 - R24 999||R25 000 - R99 999||R100 000+|
|Interest rate (%)||4.50||4.50||4.75||5.25|
Why are you saving?
planning for retirement
It may seem like a long time away, but saving now means you’ll be able to live comfortably in your retirement years.
8 ways to avoid the holiday cash rush
It starts on Black Friday and runs all the way through the holiday season. You’ve seen it: shopping centres get busy, traffic is bad and queues at ATMs get long (and crazy).